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> Most funds work on a model of 2 and 20, meaning they take 2% of assets they manage to run the fund and then take 20% of the profits as their compensation. Su
by danmaz74 12y ago
> Most funds work on a model of 2 and 20, meaning they take 2% of assets they manage to run the fund and then take 20% of the profits as their compensation.
Surely they also deduce 20% of any losses from the 2% fee? /s